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Oil & Energy

Oil & Energy

MCX

01 Mar | 01:22PM
FUTURES PRICE

1 cr more free LPG connections in 2 yrs, easier access to cooking gas planned: Oil Secretary

Oil Secretary Tarun Kapoor said plans are in the works to provide LPG connection with bare-minimum identity documents and without insisting on residence proof of the place of availing the cooking gas.

NYSE begins move to delist Chinese state oil producer CNOOC

Prohibitions on CNOOC will take effect on March 9, 60 days after the company was added to the list that prohibits U.S. investments, according to a guidance issued by the Treasury Department on Jan. 27.

Oil drops on dollar strength and OPEC+ supply expectations

Brent crude futures for April, which expire on Friday, fell 69 cents, or 1%, to $66.19 a barrel by 1442 GMT. The more actively traded May contract slipped by 80 cents to $65.31.

Our competition's global, so we must be global, says Rahul Munjal, MD, Hero Future Energies

"We too want to have a global mindset. Sri was last with Brazilian company Braskem and his role was to make it global. Given the juncture at which HFE is right now, we want to take our Indian company global. We needed somebody who had already done this before," says Munjal.

Oil prices fall on rising US dollar, expectations for supply gains

U.S. West Texas Intermediate (WTI) crude futures dropped 36 cents, or 0.6%, to $63.17 a barrel at 0241 GMT, giving up all of Thursday's gains.

Crude oil futures rise on spot demand

On the Multi Commodity Exchange, crude oil for March delivery traded higher by Rs 57, or 1.25 per cent, at Rs 4,625 per barrel in 5,929 lots.

Oil prices hit 11-mth highs on tighter supplies, Fed assurance on low rates

Brent crude futures for April gained 19 cents, 0.3 per cent, to $67.23 a barrel by 0400 GMT, while U.S. West Texas Intermediate crude for April was at $63.30 a barrel, up 8 cents, 0.1 per cent.

State-run oil companies venturing into green hydrogen

IndianOil, the nation’s largest fossil fuel retailer, aims to build a hydrogen distribution network in the future and is already testing the technology and economics of the fuel in multiple projects. It is the largest producer of hydrogen in the country, mostly using natural gas and naphtha and utilising it to reduce sulphur content in motor fuels at its refineries.

Oil & Energy Future Prices

Commodity
EXPIRY
PRICE(RS) / UNIT
CHANGE %
RANGE MONTH
OUTLOOK
26MAR2021
205.1/ 1 mmBtu
0.29
204.3206.6
  
21JUN2021
0.0/ 1 BBL
0.00
0.00.0
  
19APR2021
4616.0/ 1 BBL
0.02
4598.04635.0
  
27APR2021
208.1/ 1 mmBtu
0.29
207.4209.6
  
19MAY2021
0.0/ 1 BBL
0.00
0.00.0
  
19MAR2021
4606.0/ 1 BBL
0.04
4587.04625.0
  
19AUG2021
0.0/ 1 BBL
0.58
0.00.0
  
23FEB2021
207.3/ 1 mmBtu
1.43
206.6214.6
  
19JUL2021
0.0/ 1 BBL
0.00
0.00.0
  
19FEB2021
4302.0/ 1 BBL
2.45
4257.04384.0
  

Oil & Energy  Spot Details

Commodity
PLACE
PRICE(RS) / UNIT
RANGE MONTH
RANGE YEAR
PREM/DISC
HAZIRA
203.1/ mmBtu
191.4221.8
112.1244.6
0.00
Heating Oil
-
143.5/ USGLN
0.00.0
0.00.0
0.00
Coal
-
1431.5/ MT
0.00.0
0.00.0
0.00
Crude Oil Mini
MUMBAI
4330.0/ BBL
0.00.0
0.00.0
0.00
M.E.Sour Crude Oil
Mumbai
3429.0/ BBL
0.00.0
0.00.0
0.00
Electricity Monthly
-
3620.0/ MWH
0.00.0
0.00.0
0.00
MUMBAI
4529.0/ BBL
3823.04569.0
1.04569.0
0.00
CFI
-
3100.0/ MT
0.00.0
0.00.0
0.00
Electricity Weekly
-
4372.0/ MWH
0.00.0
0.00.0
0.00
CER
-
413.5/ MT
0.00.0
0.00.0
0.00

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